Harvest Clean Energy ETF (HCLN) and BMO S&P 500 Index ETF (ZSP) offer distinct profiles for Canadian ETF investors. A direct comparison shows that HCLN focuses its top 3 sector exposures on Utilities, Industrials, and Information Technology, while ZSP leans towards Information Technology, Financials, and Communication Services. When evaluating costs, HCLN features a management fee (MER) of 0.4%, compared to 0.08% for ZSP. Performance-wise, HCLN has returned 16.63% year-to-date with +$0 M in net flows, whereas ZSP is at 8.91% with +$439 M. Use the comparison tool below to benchmark these funds across top 10 holdings, yield, sector weights and historical returns.
NAV Performance and Flows
Key Data
Compare
HCLN
ZSP
| AuM | $22.75 M | $23,361.94 M |
| Management Fees | 0.40% | 0.08% |
| Exp. ratio | 0.69% | 0.09% |
| Tracking Difference | - | -0.36% |
Historical performance and flows
As of May 13, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | HCLN | +7.70% | +8.42% | +16.63% | +50.15% | -1.32% |
ZSP | +7.51% | +9.83% | +8.91% | +25.62% | +89.08% | |
| Flows | HCLN | +$0 M | -$0 M | +$0 M | -$1 M | -$13 M |
ZSP | +$198 M | +$236 M | +$439 M | +$1,634 M | +$4,639 M |
HCLN vs ZSP exposure
Countries
HCLN
USA
25.20%
Other
12.10%
Spain
10.60%
Canada
8.40%
Denmark
7.50%
Germany
7.30%
Other
28.90%
ZSP
USA
96.98%
Sectors
HCLN
Utilities
43.10%
Industrials
22.30%
Information Technology
16.20%
Other
14.20%
ZSP
Information Technology
33.63%
Financials
10.49%
Communication Services
10.10%
Consumer Discretionary
9.94%
Health Care
9.40%
Industrials
8.34%
Other
18.10%
As of May 13, 2026
Top 10 Holdings
HCLN
VERBIO VEREINIGTE BIOENERGIE
4.20%
SOLAREDGE TECH/D
3.70%
BORALEX
3.60%
NORDEX
3.10%
SOLARIA ENERGIA Y MEDIO AMBIENTE
3.10%
NORTHLAND POWER
3.10%
VERBUND
2.80%
GRENERGY RENOVABLES
2.80%
SCATEC ASA
2.60%
PLUG POWER
2.60%
ZSP
NVIDIA
7.39%
APPLE
6.67%
MICROSOFT-T
4.90%
AMAZON.COM INC
3.61%
ALPHABET INC-CL
2.93%
BROADCOM LIMITED
2.56%
ALPHABET INC-CL
2.35%
META PLATFORMS
2.16%
TESLA
1.84%
BERKSHIRE HATHWAY
1.60%
Diversification
HCLN
Total weight of top 10 holdings out of 37 total
31.60%
ZSP
Total weight of top 10 holdings out of 502 total
36.04%
Characteristics
Compare
HCLN
ZSP
| Provider | Harvest Portfolios Group | BMO |
| Management | Actively managed | Passively managed |
| Benchmark | - | S&P 500 CAD Total Return Index - CAD |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 0.00% | 0.77% |
| Meets ESG criteria | Yes | No |
| Inception Date | January 14, 2021 | November 14, 2012 |
Frequently asked questions about HCLN and ZSP
Which ETF has performed better year to date: HCLN or ZSP?
As of May 13, 2026, HCLN has returned 16.63% year to date, while ZSP has returned 8.91%. HCLN is ahead on YTD performance.
Which ETF is larger by assets under management: HCLN or ZSP?
As of May 13, 2026, HCLN manages $22.75 M in assets, while ZSP manages $23.36 B. ZSP is the larger fund by AUM.
How are HCLN and ZSP managed?
HCLN is actively managed by Harvest Portfolios Group. It does not track an index. ZSP is passively managed by BMO. It tracks the S&P 500 CAD Total Return Index - CAD benchmark.
What sectors do HCLN and ZSP emphasize?
HCLN is most exposed to Utilities, Industrials, and Information Technology. ZSP is most exposed to Information Technology, Financials, and Communication Services.
Which ETF is attracting more investor flows: HCLN or ZSP?
Year to date, HCLN has seen +$0.33 M in net flows, compared with +$439.49 M for ZSP. ZSP has attracted more net investor money so far.
How do the fees of HCLN and ZSP compare?
HCLN has an expense ratio of 0.69%, while ZSP has an expense ratio of 0.09%.
What are the top holdings of HCLN and ZSP?
HCLN's largest holdings include VERBIO VEREINIGTE BIOENERGIE, SOLAREDGE TECH/D, and BORALEX. ZSP's top holdings include NVIDIA, APPLE, and ALPHABET INC-CL.
Which ETF is more diversified: HCLN or ZSP?
HCLN holds 37 securities, while ZSP holds 477. On holdings count, ZSP is the more diversified portfolio.
Recent articles about HCLN and ZSP
The ETF Market Canada is brought to you by Cboe in partnership with Trackinsight SA who is providing all the data, analysis and editorial content on this site. Unless explicitly stated as such, any information that you receive is not real-time.
All content on the ETF Market Canada is for your general information use only, Cboe is not responsible for any use of content by you outside this scope. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by Cboe and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.
All content on the ETF Market Canada is for your general information use only, Cboe is not responsible for any use of content by you outside this scope. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by Cboe and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.





